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Taxing the rich has worked before. In the World War II era, the wealthiest Americans endured a top tax rate above 90% to buoy the economy. But would it work now?
It is clear that this tax credit has the potential to come with an enormous cost if private school groups are successful in ...
The Trump megabill will give the top 1 percent tax cuts totaling $1.02 trillion over the next decade. For comparison, the ...
The tax and spending megabill signed into law by President Trump on July 4 will deliver the bulk of its benefits to wealthy ...
The income tax, corporate tax, and estate tax raise revenue for our collective needs and do so progressively, falling most ...
Once again, policymakers are pursuing tax cuts and plan to pay for them with budget cuts. All the while, three-quarters of Florida prisons do not provide A/C; over 2.5 million Floridians are without ...
The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...
The popular child tax credit will receive a slight boost from President Trump’s signature tax and spending bill – but there are caveats.
“America needs to fix its broken immigration system. Bipartisan reform attempts have repeatedly failed over more than three decades, as Congress has kicked the can down the road without solving ...
The last states are wrapping up legislative sessions, and some are crossing the finish line with major income tax cuts.
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting.
Congressional Republicans gave final approval to a federal budget bill that makes historic cuts to social safety net ...